Computing inventory and costs of goods sold under three flow assumptions. Jones Company was formed on January 1, 20X2. The following Joness inventory records for Product wood: information is available from Units 3,500 1,500 750 1,000 Unit on hand. 31, 20X2 under each of the January 1, 20X2 Beginning inventory Purchases January 8, 20X2 May 30, 20X2 July 15, 20X2 November 5, 20X2 950 Costs $10.25 $12.75 $11.50 $13.50 $14.00 A physical inventory on December 31, 20X2, shows 2,875 units Required: Prepare schedules to compute the ending inventory at December following inventory methods: 1. FIFO 2. LIFO 3. Weighted average Show supporting computations in good form.